January 2018 in Phoenix

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Phoenix Housing Market Conditions

To reduce data errors results are based on:

  • Phoenix SOLD single family residences, patio homes, and townhomes (ask us about condos)
  • sales price under $1,000,000
  • size over 1,000 sq ft.
  • Calendar month
AT A GLANCE

Based on preceding 3-month average:

Phoenix’s in a:

5 YEARS of sales data below will increase your understanding the local housing market (we have another 4 years archived).
About Phoenix


Last Update for Phoenix Housing Market Conditions: January 6th, 2018

Month Total Active Total Sold % Sold MO. INV. Sq ft Price DOM $$ sq ft Active # Foreclo. % Active Foreclo. Sold Foreclo. % Sold Foreclo.
Jan-18 2,373 49 2.1%
Dec-17 3,090 1,449 46.9% 2.1 1,840 $281,381 66 $153 48 1.6% 29 2.0%
Nov-17 3,023 1,374 45.5% 2.2 1,874 $286,661 64 $153 64 2.1% 35 2.5%
Oct-17 3,046 1,462 48.0% 2.1 1,876 $288,332 62 $154 47 1.5% 31 2.1%
Sep-17 3,036 1,438 47.4% 2.1 1,852 $281,289 57 $152 58 1.9% 26 1.8%
Aug-17 3,018 1,648 54.6% 1.8 1,866 $280,110 61 $150 66 2.2% 35 2.1%
Jul-17 3,043 1,507 49.5% 2.0 1,862 $281,304 56 $151 57 1.9% 31 2.1%
Jun-17 3,030 1,888 62.3% 1.6 1,859 $285,168 62 $153 48 1.6% 32 1.7%
May-17 3,765 1,979 52.6% 1.9 1,845 $276,459 61 $150 58 1.5% 53 2.7%
Apr-17 3,022 1,758 58.2% 1.7 1,822 $270,174 67 $148 54 1.8% 41 2.3%
Mar-17 3,028 1,720 56.8% 1.8 1,851 $273,854 68 $148 66 2.2% 62 3.6%
Feb-17 3,124 1,283 41.1% 2.4 1,860 $273,733 76 $147 137 4.4% 55 4.3%
Jan-17 3,186 1,119 35.1% 2.8 1,811 $258,980 73 $143 80 2.5% 45 4.0%
Phoenix Housing Market Conditions 2016
Dec-16 3,553 1,429 40.2% 2.5 1,806 $261,198 66 $145 96 2.7% 71 5.0%
Nov-16 3,274 1,310 40.0% 2.5 1,833 $265,491 66 $145 100 3.1% 51 3.9%
Oct-16 3,211 1,428 44.5% 2.2 1,826 $262,794 68 $144 95 3.0% 56 3.9%
Sep-16 3,139 1,533 48.8% 2.0 1,808 $262,100 65 $145 96 3.1% 63 4.1%
Aug-16 3,102 1,612 52.0% 1.9 1,837 $259,524 65 $141 96 3.1% 77 4.8%
Jul-16 3,139 1,540 49.1% 2.0 1,843 $260,236 62 $141 94 3.0% 60 3.9%
Jun-16 3,159 1,801 57.0% 1.8 1,902 $269,699 64 $142 98 3.1% 77 4.3%
May-16 3,160 1,642 52.0% 1.9 1,843 $264,871 63 $144 85 2.7% 52 3.2%
Apr-16 3,111 1,583 50.9% 2.0 1,824 $258,021 74 $141 104 3.3% 75 4.7%
Mar-16 3,070 1,666 54.3% 1.8 1,822 $253,295 74 $139 110 3.6% 74 4.4%
Feb-16 3,063 1,179 38.5% 2.6 1,778 $241,660 78 $136 116 3.8% 79 6.7%
Jan-16 2,595 1,055 40.7% 2.5 1,824 $246,098 69 $135 111 4.3% 63 6.0%
Phoenix Housing Market Conditions 2015
Dec-15 3,206 1,213 37.8% 2.6 1,838 $251,118 69 $137 132 4.1% 88 7.3%
Nov-15 3,310 1,021 30.8% 3.2 1,829 $247,403 62 $135 153 4.6% 62 6.1%
Oct-15 3,104 1,387 44.7% 2.2 1,769 $239,186 64 $135 164 5.3% 87 6.3%
Sep-15 2,951 1,413 47.9% 2.1 1,839 $250,482 59 $136 148 5.0% 86 6.1%
Aug-15 2,940 1,407 47.9% 2.1 1,867 $247,062 63 $132 138 4.7% 99 7.0%
Jul-15 2,927 1,605 54.8% 1.8 1,839 $245,403 67 $133 150 5.1% 117 7.3%
Jun-15 2,933 1,764 60.1% 1.7 1,888 $254,895 70 $135 141 4.8% 121 6.9%
May-15 2,981 1,611 54.0% 1.9 1,839 $242,382 67 $132 167 5.6% 122 7.6%
Apr-15 3,136 1,613 51.4% 1.9 1,819 $237,082 71 $130 170 5.4% 103 6.4%
Mar-15 3,295 1,189 36.1% 2.8 1,842 $236,780 85 $129 177 5.4% 126 10.6%
Feb-15 3,439 1,149 33.4% 3.0 1,800 $225,581 80 $125 196 5.7% 137 11.9%
Jan-15 3,344 904 27.0% 3.7 1,817 $229,455 85 $126 230 6.9% 111 12.3%
Phoenix Housing Market Conditions 2014
Dec-14 4,027 1,257 31.2% 3.2 1,921 $233,490 81 $122 269 6.7% 133 10.6%
Nov-14 3,857 1,257 32.6% 3.1 1,853 $232,886 80 $126 247 6.4% 100 8.0%
Oct-14 3,689 1,257 34.1% 2.9 1,829 $231,622 76 $127 266 7.2% 123 9.8%
Sep-14 3,747 1,284 34.3% 2.9 1,810 $226,900 72 $125 303 8.1% 123 9.6%
Aug-14 3,852 1,284 33.3% 3.0 1,871 $233,910 76 $125 297 7.7% 139 10.8%
Jul-14 3,768 1,384 36.7% 2.7 1,857 $228,626 77 $123 283 7.5% 157 11.3%
Jun-14 3,889 1,442 37.1% 2.7 1,835 $230,149 74 $125 302 7.8% 158 11.0%
May-14 4,016 1,515 37.7% 2.7 1,806 $223,658 72 $124 342 8.5% 192 12.7%
Apr-14 4,060 1,481 36.5% 2.7 1,834 $224,577 73 $122 372 9.2% 175 11.8%
Mar-14 4,138 1,287 31.1% 3.2 1,819 $226,002 69 $124 407 9.8% 166 12.9%
Feb-14 3,937 1,070 27.2% 3.7 1,787 $218,658 76 $122 413 10.5% 173 16.2%
Jan-14 3,283 1,014 30.9% 3.2 1,825 $216,772 71 $119 384 11.7% 204 20.1%
Phoenix Housing Market Conditions 2013
Dec-13 3,741 1,174 31.4% 3.2 1,942 $228,019 61 $117 401 10.7% 205 17.5%
Nov-13 3,708 1,038 28.0% 3.6 1,788 $209,487 55 $117 416 11.2% 171 16.5%
Oct-13 3,228 1,249 38.7% 2.6 1,830 $219,236 57 $120 319 9.9% 195 15.6%
Sep-13 2,769 1,375 49.7% 2.0 1,855 $222,775 48 $120 276 10.0% 223 16.2%
Aug-13 2,484 1,430 57.6% 1.7 1,833 $217,580 49 $119 231 9.3% 282 19.7%
Jul-13 2,343 1,472 62.8% 1.6 1,870 $218,646 50 $117 239 10.2% 321 21.8%
Jun-13 2,141 1,621 75.7% 1.3 1,929 $222,174 53 $115 249 11.6% 367 22.6%
May-13 1,983 2,069 104.3% 1.0 1,764 $196,789 48 $112 235 11.9% 500 24.2%
Apr-13 2,101 1,692 80.5% 1.2 1,837 $204,063 54 $111 275 13.1% 443 26.2%
Mar-13 2,128 1,589 74.7% 1.3 1,815 $194,144 63 $107 324 15.2% 443 27.9%
Feb-13 2,277 1,335 58.6% 1.7 1,834 $190,287 64 $104 373 16.4% 414 31.0%
Jan-13 2,279 1,165 51.1% 2.0 1,800 $181,706 57 $101 417 18.3% 408 35.0%
Phoenix Housing Market Conditions 2012
Dec-12 2,545 1,474 57.9% 1.7 1,824 $181,654 63 $100 498 19.6% 605 41.0%
Nov-12 2,433 1,421 58.4% 1.7 1,812 $183,056 55 $101 489 20.1% 532 37.4%
Oct-12 2,211 1,443 65.3% 1.5 1,888 $183,233 60 $97 452 20.4% 615 42.6%
Sep-12 1,959 1,371 70.0% 1.4 1,850 $179,967 57 $97 411 21.0% 549 40.0%
Aug-12 1,781 1,672 93.9% 1.1 1,804 $165,023 57 $91 378 21.2% 780 46.7%
Jul-12 1,633 1,552 95.0% 1.1 1,840 $169,163 59 $92 354 21.7% 726 46.8%
Jun-12 1,534 1,843 120.1% 0.8 1,826 $166,960 58 $91 327 21.3% 856 46.4%
May-12 1,569 1,722 109.8% 0.9 1,867 $170,837 64 $92 386 24.6% 835 48.5%
Apr-12 1,671 1,677 100.4% 1.0 1,867 $158,664 76 $85 438 26.2% 874 52.1%
Mar-12 2,032 1,729 85.1% 1.2 1,816 $146,100 74 $80 602 29.6% 965 55.8%
Feb-12 2,332 1,476 63.3% 1.6 1,802 $143,294 81 $80 775 33.2% 854 57.9%
Jan-12 2,536 1,394 55.0% 1.8 1,782 $133,384 81 $75 988 39.0% 852 61.1%

 

ASK US HOW TO GET THE BEST DEAL ON A HOME with the current Phoenix Housing Market Conditions!

About Phoenix

State: Arizona
County: Maricopa
Location: Phoenix
ZIP or Postal Code(s): Over 70 zip codes; too numerous to list

Phoenix Fast Facts

  • 1,615,017 population in 2017 making it the largest city in the state. It’s the 5th largest city in the US behind NYC, LA, Chicago, and Houston.
  • About 517 square miles in size.
  • Phoenix has an average annual rainfall of 8.04 inches, an average temperature of 75.05 degrees and an annual high temperature of 86.7 degrees. The average high temperature in winter is 67 degrees.
  • Everything available in the way of sports, recreation, arts, culture, dining, lodging and financial opportunities.
  • Phoenix Sky Harbor International Airport serves more than 40 million passengers a year.
  • Phoenix is one of the few U.S. cities with franchises in all four major professional sports leagues
  • Greater Phoenix is currently home to 15 MLB Cactus League franchises
  • Greater Phoenix’s major industries are (1) high-tech manufacturing, (2) tourism and (3) construction.
  • There are six lakes within a 75-minute drive of Phoenix.

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